Nothing contained in the articles should be construed as business, legal, tax, accounting, investment or other advice or as an advertisement or promotion of any project or developer or locality. All views and/or recommendations are those of the concerned author personally and made purely for information purposes. These articles, the information therein and their other contents are for information purposes only. Bangalore is placed at the 27 th position this year while Delhi occupied the 36 th spot. Last year, India’s financial capital was placed at the 39 th spot on the index. Mumbai ranked 22nd on the index with 4.8% annual growth in average property values. The Prime Global Cities Index is a valuation-based index tracking the movement in prime residential prices in local currency across 45+ cities worldwide, using Knight Frank’s global research network. Los Angeles, Gold Coast and Zurich ─ these countries grabbed the 4 th, 5 th and 6 th positions on the index, respectively ─ were the other 3 cities which recorded double-digit price growth in the third quarter of calendar year 2022. As against 6 cities which registered a double-digit price growth during the quarter, 19 cities showed a decline in prime residential prices between June and September 2022, shows the index. Even though Miami and Tokyo stood at second and third spots, respectively, price growth in the two cities was comparatively less intense- average annual values increased 30.8% for Miami and 17% for Tokyo.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |